ARFIT: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
ARFIT
Largest movements
- Cash -€8,709
down €8,709 (-76.9%), from €11,319 to €2,609
mainly Net result for the year (-€27,553)
- Receivables within one year -€1,058
down €1,058 (-3.4%), from €31,345 to €30,287
of which Other amounts receivable: -€862
- Profit (loss) carried forward -€27,553
down €27,553 (-86.1%), from -€31,989 to -€59,542
- Other debts +€11,788
up €11,788 (+184%), from €6,414 to €18,202
- Trade debts +€3,997
up €3,997 (+392%), from €1,019 to €5,017
- Tax, wage and social debts +€2,000
up €2,000, from €0 to €2,000
of which Remuneration and social security: +€2,000
- Gross operating margin +€6,946
up €6,946 (+20.5%), from -€33,842 to -€26,896
- Financial charges -€1,093
down €1,093 (-62.5%), from €1,750 to €657
- Other operating charges -€387
down €387 (-100%), from €387 to €0
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €42,664 | €32,896 | -€9,768 | -22.9% |
| Current assets | 29/58 | €42,664 | €32,896 | -€9,768 | -22.9% |
| Amounts receivable within one year | 40/41 | €31,345 | €30,287 | -€1,058 | -3.4% |
| Trade receivables | 40 | €30,222 | €30,025 | -€197 | -0.7% |
| Other amounts receivable | 41 | €1,124 | €262 | -€862 | -76.7% |
| Cash at bank and in hand | 54/58 | €11,319 | €2,609 | -€8,709 | -76.9% |
| Total equity and liabilities | 10/49 | €42,664 | €32,896 | -€9,768 | -22.9% |
| Equity | 10/15 | €35,230 | €7,677 | -€27,553 | -78.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €5,220 | €5,220 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,220 | €5,220 | = | 0.0% |
| Legal reserve | 130 | €5,220 | €5,220 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,989 | -€59,542 | -€27,553 | -86.1% |
| Amounts payable | 17/49 | €7,434 | €25,219 | +€17,785 | +239% |
| Amounts payable within one year | 42/48 | €7,434 | €25,219 | +€17,785 | +239% |
| Trade debts | 44 | €1,019 | €5,017 | +€3,997 | +392% |
| Suppliers | 440/4 | €1,019 | €5,017 | +€3,997 | +392% |
| Taxes, remuneration and social security | 45 | €0 | €2,000 | +€2,000 | |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €6,414 | €18,202 | +€11,788 | +184% |
| Other operating charges | 640/8 | €387 | €0 | -€387 | -100% |
| Gross operating margin | 9900 | -€33,842 | -€26,896 | +€6,946 | +20.5% |
| Operating profit (loss) | 9901 | -€34,229 | -€26,896 | +€7,333 | +21.4% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,750 | €657 | -€1,093 | -62.5% |
| Recurring financial charges | 65 | €1,750 | €657 | -€1,093 | -62.5% |
| Profit (loss) for the period before taxes | 9903 | -€35,979 | -€27,553 | +€8,427 | +23.4% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€35,979 | -€27,553 | +€8,427 | +23.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,979 | -€27,553 | +€8,427 | +23.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.